What are the responsibilities and job description for the President/CEO/CCO position at Webster Bank?
We are Webster Bank, a leading commercial bank founded in 1935. Our mission has always been to put people first and help them achieve their financial goals. We value Integrity, Collaboration, Accountability, Agility, Respect, and Excellence.
This role is responsible for managing risk exposures and providing treasury management risk expertise to support our overall risk management activities. The position reports to the Head of TM Business Process Management.
Key Responsibilities
- Identify, assess, and monitor potential risks that could impact our operations, finances, or reputation.
- Develop and implement risk management strategies, policies, and controls to mitigate identified risks.
- Collaborate with stakeholders to ensure compliance with regulatory requirements and promote a risk-aware culture.
The ideal candidate will have:
- Analyze potential risks across operational, financial, legal, regulatory, reputational, and strategic areas.
- Develop and implement treasury management strategies to reduce or eliminate risks.
- Ensure adherence to laws, regulations, and industry standards.
- Continuously monitor the risk landscape and prepare detailed reports.
- Respond to risk events and implement corrective measures.
- Foster a culture of risk awareness and integrate risk management into decision-making processes.
- Conduct risk awareness training and monitor transaction compliance.
- Review daily and weekly reports and maintain an efficient control framework.
- Maintain evolving treasury systems data requirements and oversee risk program requirements.
- Perform other duties as assigned by the immediate supervisor.
Requirements include:
- Bachelor's degree or equivalent combination of training and experience.
- At least 7 years of financial services experience.
- At least 7 years of treasury management experience.
- At least 2 years of Treasury Management risk experience preferred.
- In-depth knowledge of Treasury Management Products.
- Professional certification in Risk and/or Finance strongly preferred.
- Strong understanding of process improvement methodologies and their practical application.
- Demonstrated track record of driving change initiatives and fostering a culture of continuous improvement.
- Strategic thinker with ability to align process improvements with organizational strategies.
